Investors and coin enthusiasts are collecting buffalo gold coins to add to their coin collections or to add to their financial ownings. The gold buffalo was minted by the US Government because they wanted to break into the gold bullion market. Thus the American Gold Buffalo was the first true bullion coin minted in the US. The difference between a regular gold coin and a true bullion coin is its purity. For a coin to be considered a bullion coin, it must be .9999 percent pure or twenty four karat gold.
The results of the US Mint designing and manufacturing these gold buffalo coins has been overwhelming and hugely popular. The Buffalo coins were first minted beginning in 2006 and they are styled after the Buffalo Nickel with an Indian head on the obverse and a bison or buffalo on the reverse. This classic design probably is responsible more than anything else for the coins popularity. The coins are continuing to be stamped up to the present time for all those interested in collecting or investing in true US gold bullion coins.
Tags: bullion coin, coin enthusiasts, gold bullion coins, gold bullion market